Paypal Verification

vidhyaprakash By vidhyaprakash, 27th Sep 2012 | Follow this author | RSS Feed | Short URL http://nut.bz/3hm4_3w8/
Posted in Wikinut>Money>Making Money

This page gives the information about paypal verification and the documents needed for it

Paypal Verification

Now a days paypal is giving some unwanted problems to Indians. Already i verified my bank account and pan details with paypal, again they limited my account and require to verify bank and pan details, i added my bank details and it is verified easily after giving the two little deposits in my bank account from paypal, but they require scan proof or fax documents to verify the pan details.

I planned to upload my pan card, driving license, internet bill scan copies as my identity proof to paypal, as they require two photo identity and one address proof, pan card and driving license will be the photo id proof and my internet bill is for my address proof. Now paypal is very much strict with RBI rules and we have the ability to with draw our money only if we are verified with them.

Paypal Automatically transfers the money to our bank account due to the RBI rules, so Indians don't have the ability to hold our money in paypal account. Better to upload all the necessary documents while verifying your account at the beginning to avoid unwanted issues in the future.

Indians must surely need a pan card, a bank account and a purpose code to get our payment without any problem, also we must verify our pan and bank details with them, they will verify it in electronic method and if paypal find some things are inaccurate with the details they will charge back and place a negative balance in our account, so we must be very careful while verifying our paypal account.

Tags

Paypal, Paypal Accounts, Paypal Limits, Paypal Payments, Paypal Service, Paypal Transactions, Paypal Verification

Meet the author

author avatar vidhyaprakash
I am running a courier agency.. writing articles in various sites.

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Comments

author avatar Sajaldas
27th Nov 2012 (#)

my paypal account is ok, but problem my PAN CARD number is original number,massage send to me wrong number,pan card submit porstion.solve this matter.

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author avatar Duke
16th Jun 2014 (#)

hai sir, in paypal pan card formalities which photo we want to upload in paypal. is it pan card photo or my pass port size photo?. can you answer please.

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